The report shows that further progress has been made among some participating jurisdictions that had not completed the adoption of their implementation measures at the time of the 2017 update.
Full, timely and consistent implementation of the PFMI is fundamental to ensuring the safety, soundness and efficiency of FMIs and for supporting the resilience of the global financial system.
This report, reflecting the adoption status of jurisdictions’ legal, regulatory or policy frameworks as of 1 January 2018, will be the last published report of the Level 1 assessments. Future updates will be published on the CPMI and IOSCO websites in an online format.
The implementation monitoring efforts of the CPMI and IOSCO will continue to focus on assessing the completeness and consistency of jurisdictions’ implementation measures with the PFMI (Level 2 assessments) and the consistency in the outcomes of such frameworks (Level 3 assessments).
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